Middle East News - page 7


Cepsa Appoints Musabbeh Al Kaabi as Chairman

Nov 21, 2018

Spanish multinational oil and gas company Cepsa announced that Musabbeh Al Kaabi was named as Chairman in succession to Suhail Al Mazrouei at a meeting of the Board of Cepsa.This follows the appointment by Mubadala, as sole shareholder, of Saeed Al Mazrouei…

Afghan Launches India-Iran Shipping

Nov 12, 2018

Afghan Ministry of Transportation will soon launch a commercial shipping line with the assistance of the Islamic Republic of Iran to conduct business activities between Chabahar Free Trade Zone and India.IRNA reported quoted the Afghan Ministry…

Finance Conference Speakers Take Optimistic View of Shipping Market Trends

Nov 08, 2018

The fourth Maritime Standard Ship Finance and Trade Conference, held at Abu Dhabi’s Sheraton Hotel and Resort, was in many ways very different from the preceding three events in this increasingly popular series. While in other years the sense of challenge and adversity was dominant…

Palau Marks its Presence in Dubai

Nov 07, 2018

Palau International Ship Registry, the world’s fastest growing flag, added yet more vessels into its fleet with the signing of two new ship registrations during Seatrade Middle East 2018 (STMM) held last month in Dubai.Jamal S Khalil, General Manager…

APM Terminals Bahrain IPO Aims to Raise USD 30 mln

Nov 01, 2018

Port operator APM Terminals Bahrain plans to raise around BHD12m ($32m) through its planned initial public offering (IPO). This is the first IPO for a transport and logistics company in the Kingdom to list on the Bahrain Bourse. The listing…

Oil Exports from Iraqi Southern Ports Slide

Nov 01, 2018

Iraq's oil exports from southern ports on the Gulf averaged 3.469 million barrels per day (bpd) in October, lower than the September average, the oil ministry said on Thursday.Iraq exported 3.560 million bpd of crude oil in September.Iraqi oil…

Richard Branson Resigns as Chairman of Virgin Hyperloop

Oct 23, 2018

Sir Richard Branson has stepped down from his role as chairman of Virgin Hyperloop One, saying the company 'needs a more hands-on chairman.'DP World statement said Branson was stepping down due to the increased commitment of time the position requires…

Abu Dhabi Ports, MSC Join with Silsal for Blockchain Solution

Oct 21, 2018

Abu Dhabi Ports subsidiary Maqta Gateway said that it is to carry out its first testing of international blockchain solution Silsal with a maritime operator in partnership with MSC Mediterranean Shipping Company, a global leader in shipping and logistics…

Hariga Oil Port Operating Normally Following Protest

Oct 19, 2018

Libya's eastern oil export port of Hariga on Friday was working normally a day after a protest there, port workers said.Late on Thursday, tribesmen staged a demonstration at the port’s gate in protest against the appointment of a government minister…

Yanbu Oil Terminal Boosts Export Capacity

Oct 17, 2018

State oil giant Saudi Aramco said on Wednesday that the Yanbu South Terminal has added 3 million barrels per day of crude oil to the company's west coast export capacity after a rehabilitation and upgrade programme.'The terminal, located south of Yanbu along the west coast of Saudi Arabia…

DP World Amends Terms of $2 Bln 'Green' Loan

Oct 16, 2018

Dubai port operator DP World has repriced and extended the maturity of a $2 billion 'green' loan comprising conventional and Islamic revolving credit facilities, Standard Chartered said.A total of 19 banks provided the facility, which was extended by two years and was now due in 2023…

EMAC Attends the IBA Annual Conference in Rome

Oct 10, 2018

As the Emirates Maritime Center (EMAC) is establishing roots within the maritime industry as a pivotal service provider for specialized arbitration and mediation within the Middle East region, the institute continues its obligation to ensure…

Milaha Achieves Five-Star Safety Grading

Oct 08, 2018

Qatar-based maritime and logistics conglomerate Milaha said it has completed a best practice Five Star Occupational Health and Safety Audit conducted by the British Safety Council, making it one of the very few companies in Qatar to hold the five-star grading…

Saudi-led Coalition Foils Remote Controlled Boat Attack

Oct 01, 2018

A Saudi-led military coalition fighting against Yemen's Houthi movement foiled an attack by two explosives-laden remote controlled boats deployed by the Houthis against Saudi Arabia's Jizan port, Saudi state news agency SPA reported on Sunday…

Iran to Build Crude Oil Storage Facility at Gulf of Oman Port

Oct 01, 2018

A unit of the National Iranian Oil Co. (NIOC) signed a deal with a local firm on Sunday to build a crude oil storage facility near Iran's southeastern port of Jask with an initial investment of 200 million euros ($232 million), the oil ministry news website SHANA reported…

Logistics News

Oil Loadings from Black Sea Ports Remain Suspended

Oil Loadings from Black Sea Ports Remain Suspended

CMB.TECH, Boeckmans to Build Four Hdrogen-Powered Cargo Ships

CMB.TECH, Boeckmans to Build Four Hdrogen-Powered Cargo Ships

Report Highlights EU Live Animal Transport Issues

Report Highlights EU Live Animal Transport Issues

Black Sea Storm Disrupts Russian and Kazakh Oil Exports

Black Sea Storm Disrupts Russian and Kazakh Oil Exports

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